Quote from @Alex Thomsen: Quote from @Jason Wray: Alex,There is never a need to put that much money in earnest its usually because the seller or the builder is in a bind and need to quickly settle their debts or pay their vendors.

So my other options were to use my good credit but of course all of the loans want to use my personal credit and impact my debt-to-income.

For those who have ventured into Co-Living, what strategies have you found most effective in ensuring both financial success and a strong sense of community?

If you want to avoid this you can certainly just 'gift' them the asset and they can deed it into their Trust but I doubt you want to do that without any financial exchange. - thing that you'll want to think about is the step us basis and what this sale would mean for you when they pass?

REI is a great thing to start to learn about so you are pursuing something with great long-term value, but you have to know that it's not a quick road to get out of the rat race.What financially free means to you could mean something different to someone else so usually what people are seeking is time freedom.

Currently FHA is offering no doc short sales through 4/2025, so you wont even have to provide any financials to get your short sale  approved.

He is an electrician and lost money that had a big impact on his life, set his family back a few years financially, prevented them from being able to buy the house they wanted to for themselves to live in, caused a lot of stress in their relationship etc.

This feature and the financial reporting piece of it really saved my life!!

Your house isn’t just your haven—it can be a financial asset too.

Yes the financial benefit is attempting, but I do want to understand all the legal consequences, including insurance issues before making a decision.